Foot Locker, Inc. Reports 2016 First Quarter Results

Brean Capital Cuts Price Target on Foot Locker (FL) as Shares Trade Down Following 1Q Results

Brean Capital maintained a Buy rating on Foot Locker (NYSE: FL), and cut the price target to $66.00 (from $78.00), following the company's 1Q earnings report. Shares traded down more than -6% Friday, as FL's reported comps of +2.9% came in below the consensus expectations of +4.1%. FL reported EPS of $1.39, a penny above Brean Capital's $1.38,... More

UBS Cuts Price Target on Foot Locker (FL) to $69 Following 1Q; Reiterates Buy

UBS maintained a Buy rating on Foot Locker (NYSE: FL), and cut the price target to $69.00 (from $74.00), following the company's 1Q earnings report.

Analyst Michael Binetti commented, "Unfavorable optics around FL's 1Q print were fairly in line with our expectation: 1) softlines industry... More

BB&T Capital Reiterates Buy on Foot Locker (FL) Following 1Q Report

BB&T Capital maintained a Buy rating and $80.00 price target on Foot Locker (NYSE: FL) following the company's 1Q earnings report. FL Reported EPS of $1.39, $0.03 below BB&T estimates, but in line with consensus. Management noted that much of the weakness within basketball was... More

FBR Affirms Foot Locker (FL) at 'Market Perform'; Q1 Comps Miss, but Profit at Record Levels

FBR affirms Foot Locker (NYSE: FL) at Market Perform with a price target of $71 following Q1 results release earlier Friday.

Analyst Susan Anderson commented today, FL reported adjusted 1Q EPS of $1.39, versus FBR/consensus of $1.41/$1.39. Management noted in the press release... More

Foot Locker (FL) Reports In-Line Q1 EPS; Comps Rose 2.9%

Foot Locker (NYSE: FL) reported Q1 EPS of $1.39, in-line with the analyst estimate of $1.39. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $2 billion.

First quarter comparable-store sales increased 2.9 percent.

At April 30, 2016, the Company's merchandise inventories were... More